TPT Global Tech units borrow $357.9 million vertical construction loan

Chicago, March 15 – TPT Global Tech, Inc.’s subsidiaries, TPT Strategic, Inc. and Information Systems Technology, secured a letter of intent for a $357.9 million construction loan for the Alabama Smart City projects, according to a press release.

Dallas-based LNH Capital and Prime One Lending Group provided the commitment.

TPT Global Tech is a broad-based technology and media company with projects ranging from Smart City developments in Birmingham and Tuskegee, Ala., to providing mobile, wireless and internet-based solutions to consumers and businesses worldwide. The company is based in San Diego.

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